40 Tower Rd
Oak Brook, IL 60523
2 bd 2 ba 1,289 sqft Built 1977 condos
Most recent sale
$150,000
Sep 2, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 14, 2023 | Sold | $242,500 | MRED |
| May 22, 2023 | Listed | $245,900 | MRED |
| Sep 2, 2022 | Sold | $150,000 | Public Record |
| Jun 25, 2022 | Listing removed | $159,900 | MRED |
| Apr 28, 2022 | Price changed | $159,900 | MLS #11370093 |
| Apr 8, 2022 | Listed | $179,900 | MLS #11370093 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $57,325 | $6,369 | $63,694 | $3,539 |
| 2022 | $46,440 | $5,160 | $51,600 | $3,382 |
| 2021 | $45,280 | $5,030 | $50,310 | $2,891 |
| 2020 | $44,290 | $4,920 | $49,210 | $2,817 |
| 2019 | $46,000 | $5,110 | $51,110 | $2,948 |
| 2018 | $39,330 | $4,370 | $43,700 | $2,537 |
| 2017 | $35,690 | $3,960 | $39,650 | $2,251 |
| 2016 | $33,620 | $3,730 | $37,350 | $2,194 |
| 2015 | $31,320 | $3,470 | $34,790 | $2,094 |
| 2014 | $32,040 | $3,550 | $35,590 | $2,183 |
| 2013 | $32,490 | $3,600 | $36,090 | $2,154 |
| 2012 | $34,630 | $3,840 | $38,470 | $2,221 |
| 2011 | $45,850 | $5,090 | $50,940 | $2,782 |
| 2010 | $50,020 | $5,570 | $55,590 | $2,852 |
| 2009 | $53,670 | $5,980 | $59,650 | $2,798 |
| 2008 | $53,670 | $5,980 | $59,650 | $2,752 |
| 2007 | $49,330 | $5,500 | $54,830 | $2,587 |
| 2006 | $48,650 | $5,420 | $54,070 | $2,591 |
Property facts
Year built
1977
Property type
condos
Stories
16
Beds
2
Baths
2
Living area
1,289 sqft
Lot size
—
ZIP code
60523
City
Oak Brook
Street
Tower Rd
Coordinates
41.84528, -87.98912
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$900
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 40 Tower Rd last sell?
40 Tower Rd most recently sold on Sep 2, 2022 for $150,000.
What is the current tax assessment for 40 Tower Rd?
The most recent total assessment for 40 Tower Rd (year 2024) is $63,694 with $3,539 in property tax.
How does 40 Tower Rd's assessment compare to its last sale price?
The current assessment is 57.5% below the last sale price of $150,000.
When was 40 Tower Rd built?
40 Tower Rd was built in 1977.
How does 40 Tower Rd compare to others on Tower Rd?
We track 8 other properties on Tower Rd. Browse the list under "Other properties on Tower Rd" to compare beds, baths, and sale history.
What are the property facts for 40 Tower Rd?
40 Tower Rd is a 2 bed, 2 bath, 1,289 sqft condos.
Is 40 Tower Rd a flip candidate?
Yes — 40 Tower Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 40 Tower Rd a tax-appeal candidate?
No — 40 Tower Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-3.8%
Implied 1-yr
-15.1%
2026 Q3
$706.1K
2026 Q4
$670.7K
ZIP 60523 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Tower Rd